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this post was submitted on 14 Oct 2023
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15 years ago I thought the Germans were the smartest people in the world because they understood the importance of investing in public services and had a central european style of capitalism that focused on fundamentals over financialization. since then they've slowly been adopting more neoliberal policies and making really stupid foreign policy decisions. I've lost a lot of respect for them as a world leader.
It is straight from the neoliberal privatisation playbook. Defund public infrastructure until the public complains, then "fix it" by privatising it